National Bank of Ukraine

The National Bank of Ukraine has prohibited banks and non-bank financial institutions from accepting dual-use goods that can be used for military purposes as collateral to ensure the security and stability of the banking system during martial law.

Ukraine is expected to gradually bring utility tariffs to market levels over several years, but the timing and extent of the adjustment remains uncertain.

In the short term, raw foods will remain cheaper than last year, but prices will rise in the second half of 2024 on the back of lower harvest expectations, while prices for processed foods will also accelerate slightly.

The Cabinet of Ministers approved the creation of a subgroup to work on the confiscation of frozen Russian sovereign assets abroad in favor of Ukraine.

The National Bank of Ukraine has strengthened the official exchange rate of the hryvnia against the dollar to UAH 39. 5345/USD and weakened it against the euro to UAH 42.3098/€.

The situation in the foreign exchange market is now under control, and Ukraine has successfully transitioned to a managed floating exchange rate regime without shocks, NBU Governor Andriy Pyshny said. The uncertainty that exists, according to the head of the National Bank, is related to security risks, and the war is a key factor that generates risks.

Since the beginning of the year, Ukraine has attracted more than $12 billion in financial assistance, including a record $9 billion in March and €1. 5 billion in April under the Extended Fund Facility for Ukraine.

Time deposits in Ukrainian banks grew by almost 30%, with 97% of them being long-term deposits of more than 3 months, which provides resources for lending development.

The Governor of the National Bank of Ukraine said that the situation on the foreign exchange market is under control, and security risks have decreased after the US Congress provided financial support.

Ukraine needs the legal basis and political will to access $300 billion in frozen Russian assets to finance its defense and recovery from the Russian invasion.

In 2023, foreign investors invested $4. 25 billion in Ukraine's economy, which is more than in 2016-2017, but only half of the level of 2022.

The National Bank of Ukraine devalued the hryvnia by 12 kopecks, setting the official exchange rate at 39. 6370 UAH/USD.

The Cabinet of Ministers has reduced the maximum loan amount for working capital to UAH 5 million under the program "Affordable Loans 5-7-9%", while leaving the limits for investment purposes unchanged.

For the second month in a row, the business has been positive about its performance, having adapted to the war, supported by international financing, improved logistics, growing demand and lower inflation, despite damaged infrastructure, high logistics costs and wages, and a shortage of skilled workers.

The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 5151 UAH/USD, strengthening the hryvnia by 15 kopecks against the US dollar.

More than 23,000 law enforcement officers will be deployed to ensure law and order during Easter celebrations across Ukraine, and more than 10 million believers are expected to attend services in 13,000 places of worship.

The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 6015 UAH/USD, strengthening the hryvnia by 7 kopecks.

The National Bank of Ukraine has issued a commemorative 5-hryvnia coin "Chornobyl. Revival. Black Stork", dedicated to the 38th anniversary of the Chornobyl disaster and the revival of wildlife in the Chornobyl reserve.

The National Bank of Ukraine devalued the hryvnia by 20 kopecks, setting the official exchange rate at 39. 6702 UAH/USD.

The NBU assures that fluctuations in the hryvnia exchange rate on the foreign exchange market do not pose a threat. The market is currently in a state of managed flexibility, where exchange rate fluctuations depend on supply and demand.

The National Bank of Ukraine has lowered its inflation forecast for 2024 to 8. 2% from the previously expected 8.6% due to better actual inflation and improved forecasts.

Ukraine's real GDP growth in the first quarter of 2024 was weaker than expected due to limited budget spending and the blockade of the Ukrainian-Polish border.

The National Bank of Ukraine has cut its key policy rate from 14. 5% to 13.5% to support lending and economic recovery while managing inflationary risks.

The National Bank of Ukraine is preparing a series of steps for currency liberalization in the coming weeks, keeping international reserves at the current level, as part of its strategy to ease currency restrictions and return to inflation targeting.

The National Bank of Ukraine has cut its key policy rate from 14. 5% to 13.5% to support lending and economic recovery while managing inflationary risks.

The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 4716 UAH/USD, strengthening the hryvnia by 11 kopecks.

The National Bank of Ukraine has set the official hryvnia exchange rate at 39. 5860 UAH/USD, strengthening the hryvnia by 20 kopecks.

As of April 1, 2024, Ukraine had UAH 780. 3 billion of cash in circulation, which is UAH 16 billion or 2.1% more than at the beginning of the year, due to seasonal factors.

The National Bank of Ukraine has set the official exchange rate for April 23 at 39. 7879 UAH/USD and 42.31 UAH/EUR.

New deposit from FUIB - increased interest and the opportunity to receive UAH 15 thousand of reward.